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Most important Questions
by Shyam on Jul 16, 2008 09:33 AM   Permalink | Hide replies

Why is it so important and urgent now to sign the agreement? If there is delay who will lose what?

Why do we need to sign an agreement for next forty years to come without knowing the likely technological breakthroughs possible in the near future?

What is the likelihood of kickbacks in the business part of the deal?

What is the cost of cancellation for India in case next government cancels the agreement?

Who will answer these questions?

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  RE:Most important Questions
by All Right on Jul 16, 2008 11:13 AM   Permalink
Q1: Why is it so important and urgent now to sign the agreement? If there is delay who will lose what?

A1: It is important to sign the agreement because Bush presidency will end by January 2009. Bush being a co-author of the agreement, will remove all obstacles within US, NSG and IAEA so the agreement becomes a hallmark or legacy of his presidency. If there is a delay, India is the loser. A democratic Congress will only pass the Agreement after making several amendments to India's detriment. Sooner the agreement is passed, sooner India's place as a permanent member of the UN Security Council will materialize

Q2 : Why do we need to sign an agreement for next forty years to come without knowing the likely technological breakthroughs possible in the near future?

A2: Just because we sign an agreement we are not committing we are going to buy. An analogy is that simply getting a passport does not mean that the applicant needs to travel internationally.

Q3: What is the likelihood of kickbacks in the business part of the deal?
A3: Like any other business, I am sure kickbacks will be a part

A4: What is the cost of cancellation for India in case next government cancels the agreement?
Q4: Either India or US can cancel the agreement by providing 1 yr notice. Even if the agreement is canceled the NSG waiver remains so we can trade with other countries, not possible now. We can even cancel the IAEA inspection by invoking India' s Right to Correctional Action clause.



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